Merger That Came to Aid of Knight Capital Struggles

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Bradley Hope Every Monday morning for the past 20 months, Daniel Coleman has stepped off his private jet from Alabama and straight into a storm. The southerner is chief executive of KCG Holdings Inc., the New Jersey-based company that ...

Cuomo, New York Lawmakers Reach a Budget Deal

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Mike Vilensky And Erica Orden ALBANY--New York Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a $142 billion state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process ...

Iran Talks Keep Crude-Oil Futures Under Pressure

TODAY: March 30, 2015 PUB DATE: March 30, 2015

HONG KONG--Talks over a possible relaxation of sanctions against Iran that may increase global oil supplies kept crude-oil futures near a week's low Monday, while a supply disruption due to Saudi airstrikes on Yemen looked increasingly unlikely. On the New ...

China Shares Higher on Easing Hopes, but Fed Uncertainty Weighs--Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Gregor Stuart Hunter and Brad Frischkorn Chinese stocks jumped higher Monday after policy makers signaled the country has room to ease monetary policy to boost sluggish growth, while Australian stocks were knocked by falling commodity prices. The Shanghai Composite ...

Japan Industrial Output Slumps in February

TODAY: March 30, 2015 PUB DATE: March 30, 2015

TOKYO--Japanese industrial production contracted for the first time in three months in February, the latest economic data indicating continued sluggishness in the Japanese economy. Production of everything from cosmetics and computers to semiconductor and construction cranes decreased 3.4% from the ...

Cuomo, New York Lawmakers Reach a Budget Deal -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Erica Orden And Mike Vilensky ALBANY--Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process and teacher-tenure policies. The ...

Dollar Tad Higher Against Yen, Euro Ahead of Data

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Hiroyuki Kachi The dollar was slightly higher against the yen and the euro in Asian trade Monday, with many market participants avoiding taking strong positions ahead of key data including U.S. labor figures out later this week. Around 0150 ...

Iran Talks Keep Crude-Oil Futures Under Pressure in Asia

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Biman Mukherji HONG KONG--Talks over a possible relaxation of sanctions against Iran that may increase global oil supplies kept crude-oil futures near a week's low Monday, while a supply disruption due to Saudi airstrikes on Yemen looked increasingly unlikely. ...

CMO Today

TODAY: March 30, 2015 PUB DATE: March 30, 2015

(FROM THE WALL STREET JOURNAL 3/30/15) Startup Allows Users To Share TV Clips Does anything have more potential to go viral than a clip of comedians making fun of Justin Bieber while he sits there and takes it? That is ...

Asian Shares Subdued Amid Lack of Cues

TODAY: March 30, 2015 PUB DATE: March 30, 2015

Asian stock markets opened in subdued fashion Monday, with renewed uncertainty about the future of U.S. monetary policy, falling commodity prices and disappointing Japanese production data providing few incentives for buying. Australia's S&P;/ASX200 was down 1.4% at 5834.90 points, while ...

PBOC Governor Sees Risks of a 'Too Strong' Dollar

TODAY: March 30, 2015 PUB DATE: March 30, 2015

BOAO, China--China's central bank Governor Zhou Xiaochuan warned on Sunday that continued monetary easing measures taken by other central banks could make the U.S. dollar "too strong" and cause capital to flow into the U.S. market. Mr. Zhou, governor of ...

Australia Considers Tax Changes to Fix Battered Finances

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Rob Taylor CANBERRA, Australia--Australia is considering changes to the way it taxes pension funds and targeting the tax practices of multinationals, as Prime Minister Tony Abbott's conservatives struggle to shore up the country's finances amid deep hostility to proposed ...

Cuomo, New York Lawmakers Reach a Budget Deal -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Erica Orden and Mike Vilensky ALBANY--Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process and teacher-tenure policies. The ...

Political Partnership Frays in Trenton

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Heather Haddon Mel Evans/Associated Press New Jersey Gov. Chris Christie, a Republican, and state Senate President Steve Sweeney, a Democrat, share a moment in July. responsive layout header TRENTON--The political lovefest between New Jersey's two most powerful politicians appears ...

China's Xi Sketches New Vision for Asia

TODAY: March 30, 2015 PUB DATE: March 30, 2015

BOAO, China--President Xi Jinping sketched out China's vision for a new security and economic order in Asia, offering to spread the benefits of Chinese prosperity and cooperation across the region. In a speech to a regional forum Saturday, Mr. Xi ...

Swiss KOF Economic Indicator Edges Higher in March

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Neil MacLucas ZURICH--Switzerland's KOF leading economic indicator edged up slightly in March as robust domestic spending is likely to offset the negative impact of a stronger franc on the outlook for Swiss exporters and the economy. The index rose ...

Thailand Manufacturing Output Sees First Rise in 23 Months in February

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Nopparat Chaichalearmmongkol BANGKOK-Thailand's industrial production rose for the first time in 23 months in February, partly due to increased car manufacturing, the Industry Ministry said Monday. The country's manufacturing production index, the measure of the manufacturing sector's production volume, ...

Cuomo, New York Lawmakers Reach a Budget Deal -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Erica Orden And Mike Vilensky ALBANY--New York Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process and teacher-tenure ...

Greek Bailout Proposals Lack Detail, Officials Say

TODAY: March 30, 2015 PUB DATE: March 30, 2015

BRUSSELS--Greek proposals for a revised bailout program don't have enough detail to satisfy the government's international creditors, eurozone officials said, making it more likely that Athens will need to go several more weeks without a new infusion of desperately-needed cash. ...

Use of China's Yuan as Global Payment Currency Falls

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Anjani Trivedi China suffered a second setback in as many weeks in its drive to boost the use of its currency abroad, even as the country steps up efforts to open up its capital account. The use of the ...